Article: Americas Gold and Silver Corporation (TSE:USA) Shares Could Be 33% Below Their Intrinsic Value Estimate

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Americas Gold and Silver Corporation (TSE:USA) Shares Could Be 33% Below Their Intrinsic Value Estimate

Simply Wall St, 03 February 2021

In this article we are going to estimate the intrinsic value of Americas Gold and Silver Corporation (TSE:USA) by projecting its future cash flows and then discounting them to today’s value. This will be done using the Discounted Cash Flow (DCF) model. Before you think you won’t be able to understand it, just read on! It’s actually much less complex than you’d imagine.

Remember though, that there are many ways to estimate a company’s value, and a DCF is just one method. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you.
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Article: Should You Buy Americas Gold and Silver Corporation (USAS) Stock After it Has Gained 7.48% in a Week?

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Should You Buy Americas Gold and Silver Corporation (USAS) Stock After it Has Gained 7.48% in a Week?

InvestorsObserver Analysts, 02 February 2021

The market has been high on Americas Gold and Silver Corporation (USAS) stock recently. USAS gets a Bullish score from InvestorsObserver’s Stock Sentiment Indicator.

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.

Americas Gold and Silver Corporation (USAS) stock is lower by -9.17% while the S&P 500 is higher by 1.71% as of 2:08 PM on Tuesday, Feb 2. USAS is down -$0.28 from the previous closing price of $3.00 on volume of 1,387,711 shares. Over the past year the S&P 500 is higher by 18.15% while USAS is down -5.54%. USAS lost -$0.10 per share in the over the last 12 months.
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Article: Americas Gold and Silver Announces Closing of C$33.9 Million Bought Deal Financing

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Americas Gold and Silver Announces Closing of C$33.9 Million Bought Deal Financing

(BUSINESS WIRE, 29 January 2021

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (the “Company”), a growing North American precious metals producer, is pleased to announce that it has closed its previously announced and upsized bought deal financing with a syndicate of underwriters led by Desjardins Capital Markets and including Cormark Securities Inc., Stifel GMP, Clarus Securities Inc., Laurentian Bank Securities Inc., H.C. Wainwright & Co., LLC, A.G.P./Alliance Global Partners, and Roth Capital Partners, LLC (collectively the “Underwriters”). A total of 10,253,128 common shares of the Company (“Shares”), including the partial exercise of the over-allotment option by the Underwriters, were sold at a price of C$3.31 per Share for aggregate gross proceeds to the Company of C$33,937,854 (the “Offering”).

The net proceeds of the Offering will be used for working capital purposes at the Company’s Relief Canyon mine as that operation proceeds towards full production, development and exploration at the Company’s 60%-owned Galena Complex, care and maintenance at the Company’s Cosalá Operations, general corporate and administrative expenses, repayment of outstanding debt obligations, and working capital purposes, as detailed in the Prospectus (as defined below).
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Article: UPDATE – Americas Gold and Silver Announces Upsize of Previously Announced Bought Deal Financing to C$30.0 Million

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UPDATE – Americas Gold and Silver Announces Upsize of Previously Announced Bought Deal Financing to C$30.0 Million

GLOBE NEWSWIRE, 15 January 2021

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (the “Company”), a growing North American precious metals producer, is pleased to announce that in connection with its previously announced bought deal public offering of common shares, the Company and a syndicate of underwriters (the “Underwriters”) led by Desjardins Capital Markets, have agreed to increase the size of its previously announced offering from C$25.0 million to C$30.0 million. Pursuant to the amended terms, the Underwriters have agreed to purchase, on a bought deal basis, 9,063,500 common shares of the Company (“Shares”) at a price of C$3.31 per Share (the “Offering Price”) for aggregate gross proceeds to the Company of C$30.0 million (the “Offering”).

The Underwriters have been granted an option (the “Over‐Allotment Option”), exercisable in whole or in part, at any time within 30 days following and including the closing of the Offering, to purchase from the Company up to an additional 15% of the Shares offered under the Offering at the Offering Price for market stabilization purposes and to cover over‐allotments, if any.

The proceeds from the sale of the Shares will be used for the exploration, development and/or improvement of the Company’s existing mine properties and for working capital and general corporate purposes.

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Article: Americas Gold and Silver Announces C$25.0 Million Bought Deal Financing

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Americas Gold and Silver Announces C$25.0 Million Bought Deal Financing

GLOBE NEWSWIRE, 14 January 2021

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (the “Company”), a growing North American precious metals producer, is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by Desjardins Capital Markets pursuant to which the Underwriters have agreed to purchase, on a bought‐deal basis, 7,552,900 common shares of the Company (“Shares”) at a price of C$3.31 per Share (the “Offering Price”) for aggregate gross proceeds to the Company of C$25.0 million (the “Offering”).

The Underwriters have been granted an option (the “Over‐Allotment Option”), exercisable in whole or in part, at any time within 30 days following and including the closing of the Offering, to purchase from the Company up to an additional 15% of the Shares offered under the Offering at the Offering Price for market stabilization purposes and to cover over‐allotments, if any.
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Article: Americas Gold and Silver begins commercial production at Relief Canyon

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Americas Gold and Silver begins commercial production at Relief Canyon

Carl Surran, 11 January 2021

Americas Gold and Silver (NYSEMKT:USAS) declares the start of commercial production at its Relief Canyon mine in Nevada, with full ramp-up for the operation targeted for May.

The company says the operation has consistently met the required stacking rates since the return of the mine’s large radial stacker in December, which was the final item required to declare commercial production. The stacker suffered a structural failure in May, requiring extensive repair work to be completed off-site.

2020 was an “extremely disappointing year” for Americas Gold & Silver, with a massive drop in metals output and revenue Y/Y due to issues at Cosala and delays at Relief Canyon, Taylor Dart notes in an analysis posted on Seeking Alpha.
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Article: Americas Gold and Silver Corporation Provides an Update on the Galena Complex and Relief Canyon Mine

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Americas Gold and Silver Corporation Provides an Update on the Galena Complex and Relief Canyon Mine

BUSINESS WIRE, 06 January 2021

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas”, “Americas Gold and Silver” or the “Company”), a growing North American precious metals producer, is pleased to provide an update on the Galena Complex and the Relief Canyon mine.

“The Galena Complex is demonstrating the positive impact of having a diversified portfolio of assets and commodities,” stated Americas Gold and Silver President & CEO Darren Blasutti. “While I am disappointed by the unexpected delay in declaring commercial production at Relief Canyon, the health and safety of our workers far outweighs pushing to declare commercial production. We are having a strong start to 2021 at Relief Canyon, our key employees have returned to the site and the stacker is operating well. We look forward to declaring commercial production at Relief Canyon shortly.”
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Article: Americas Gold and Silver Corporation Provides Encouraging Results From Initial Deep Level Drilling From The Galena Complex

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Americas Gold and Silver Corporation Provides Encouraging Results From Initial Deep Level Drilling From The Galena Complex

PRNewswire, 17 August 2020

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), a growing North American precious metals producer, today is pleased to provide an update on its Galena Complex, 60% owned by Americas and 40% owned by Mr. Eric Sprott.

We are extremely excited about the initial drill results from the 5500 level that has already yielded several bonanza grades,” stated Americas President and CEO Darren Blasutti. “The initial deep drilling is targeting the 72 Vein which historically was a major contributor of ore during the peak silver production years at combined grades of over 650 g/t silver. There are two additional systems which the Company is excited about at depth including the “triple point” and deeper extensions of the 360 Complex that will be drilled during the remainder of 2020 and into 2021.”
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